I want to buy your tractor... what will you accept

[dlctcg]

I think he was just stating.... You were lucky enough to have a trustworthy friend with in 20 mins that you trusted to look at the tractor prior to sending money (a comfort level)... If you didn't have that someone would you be ($6400) as comfortable in sending payment?? I think that is all he was referring to....

The OP seems to be looking at purchasing without that guidance of a trusted someone.... & that is a questionable transaction in these days.... Unfortunately....

(@ Hey Dude apologies if interpreted that wrong)

 

[3Ts]

Two days isn't long enough to clear a check and that's right.

I had one check that was "in the style of a personal check" that the credit union said would take 30 business days (6 weeks) to clear. We got notified on day 28.

 

[Hay Dude]

I think he was just stating.... You were lucky enough to have a trustworthy friend with in 20 mins that you trusted to look at the tractor prior to sending money (a comfort level)... If you didn't have that someone would you be ($6400) as comfortable in sending payment?? I think that is all he was referring to....

The OP seems to be looking at purchasing without that guidance of a trusted someone.... & that is a questionable transaction in these days.... Unfortunately....

(@ Hey Dude apologies if interpreted that wrong)

You nailed it.:thumbsup:
Better than me, if I may add:ashamed:

 

[ruffdog]

Only cash here.....no BS.

 

[fried1765]

Only cash here.....no BS.

"Only Cash here.....no BS"

My only other option would have been to drive a 3/4 ton towing a 14K trailer for 350 miles, and carrying $32,000 cash.
I did not like that option.
On the other hand: How many others in Maine were sitting on a 32K pile of cash, and wanting that specific machine?
I think in the same situation (location) you would be waiting a good while for a sale, with your cash on the barrel head demand.

 

[5030]

On firearms, this is an open carry state and I almost always open carry out here anyway so if you come here, chances are most likely I'll have a sidearm on my hip and if that makes you uncomfortable... Don't come. Don't bother me at all.

Packing a weapon for me is like putting on my pants in the morning. Something I always do. Not brandishing at all. Brandishing is using a weapon to exact something under the threat of lethal force. It stays in it's holster but it's there if the need arises.

I find that the sight of a holstered weapon (in my case usually a full size Kimber 45 ACP) changes the attitude of a situation, usually for the better. People become much more respectful and mannerly.


My credo...
'An armed society is a polite society'. I find that to play out all the time.

 

[oosik]

First - I would NOT sell my tractor to anybody - for any legitimate price. It's one of the very last of the Tier 3 and could not be replaced. I have sold implements - cash only.

 

[tmcj]

I always figured that if you can confidently and honorably write a check, then you have the money. Therefore, withdraw it and bring cash. But I haven't dealt with the large amounts that may be involved for a tractor or equipment in a private sale.


As far as being armed, I'm all for open carry, but don't be a clown about it. I legally conceal carry all the time, and yes, including a meeting to buy or sell something with a complete stranger. It is in no way intended to intimidate someone or manipulate a sale. Just for my own safety, same as anything else.

 

[Hay Dude]

I always figured that if you can confidently and honorably write a check, then you have the money. Therefore, withdraw it and bring cash. But I haven't dealt with the large amounts that may be involved for a tractor or equipment in a private sale.


As far as being armed, I'm all for open carry, but don't be a clown about it. I legally conceal carry all the time, and yes, including a meeting to buy or sell something with a complete stranger. It is in no way intended to intimidate someone or manipulate a sale. Just for my own safety, same as anything else.

That’s more like it. The dope that came to my place had it strapped to his leg on his tech pants. Meanwhile I got my kids playing nearby in the yard. I don’t need that crap. I really dont. You show up at my place, you leave your gun in your truck or we aint talking. He was trying to intimidate. At the time I was framing an A frame on top of one of my buildings. I bet I could got to him with my 28 ounce Estwing before he got his drawn, but :laughing:

My barn....My rules.

 

[LD1]

My bank has told me that two days is not nearly enough time to be reasonably certain that a check has cleared.

This is one thing that really irritates me in todays electronic and digital society.

If I write a check....the money comes out of my account the same day the person cashes it.
If I cash/deposit a check....usually the money is on hold for a few days. And unless I have the money in the account to cover the amount of the check they usually wont let you "cash" it. Only deposit.

Think about the people who still get a paper paycheck. Get paid on friday.....go to bank and deposit said check. After you deposit your paycheck, you write some checks to pay some bills that same day. Come monday you are overdrawn because the checks you wrote posted to your account immediately, yet you are still waiting on your paycheck to clear. The length of time for a check to clear your account SHOULD be the same no matter if it is being withdrawn or deposited. Which I have never understood.

As it pertains to making a large equipment purchase from a private party....perhaps the most "dangerous" part isnt the monetary transaction. Its weather or not the person actually owns the tractor to be sold. And Im not talking theft either.

With automobiles, there are titles. No title....they dont own and cannot sell.
No titles with equipment. So how can one be assured there is no lien on the equipment? Either through a MFG or through a persons private bank?

Heard horror stories before. Someone selling a tractor for $20k.....but owe 16k on it. By rights you hand them 20k and they "SHOULD" take 16k of that and pay off their lien. BUT.....what if they dont? They technically didnt have the right to sell.....so you technically dont own even though you are out 20k. And lien holder is well within their rights to re-posses.

So....that brings up the question of how do you know if the seller has a lien? Take him/her at their word? Even producing a paper from a dealer or bank saying loan was paid off is no guarantee? They simply could have found better financing at a different bank.....and their letter from the bank/mfg showing loan fulfillment could simply be the payoff from their new loan institution.

And I have read people say to call the sellers bank or dealer (similar to how a car dealer will call your bank to get a loan payoff amount). But there isnt any bank gonna give some random Joe lien information about one of their clients.

I dont have the answers and dont know how to handle things. Sure if you are buying a 50 year old tractor or backhoe for a few grand their probably isnt a lien associated with it. But when you see someone selling a 20k piece of equipment thats only a few years old....how can one be assured that it isnt gonna be re-possed in the future if the seller was less than honest? And not sure a chicken-scratch bill-of-sale the seller writes up on notebook paper would suffice.

I try to stick to dealers (new or used) when shopping or selling/trading in higher value stuff. Implements that are a few grand or less....its cash only.